Which stocks are most correlated with ZBRA?

Based on one year of daily returns, the stocks most correlated with Zebra Technologies Corporation (ZBRA) are SMOT (0.57), VFQY (0.55) and FMDE (0.55). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.

Which stocks are inversely correlated with ZBRA?

Over the past year, the stocks most inversely correlated with Zebra Technologies Corporation (ZBRA) are SMDD (-0.52), MZZ (-0.52) and MYY (-0.52). A negative correlation means the two stocks have tended to move in opposite directions.

Zebra Technologies Corporation (ZBRA) — Stock Correlations & Overview

Over the past year, ZBRA has moved most closely with SMOT, VFQY, FMDE. Explore the stocks most correlated and inversely correlated with ZBRA below, along with its price, financials, and company profile.

Stocks correlated with ZBRA

Correlation of daily returns. Higher positive values move with ZBRA; negative values move opposite it. Informational only, not investment advice.

Most correlated with ZBRA

Symbol	Company	Correlation
SMOT	VanEck Morningstar SMID Moat ETF	0.57
VFQY	Vanguard U.S. Quality Factor ETF	0.55
FMDE	Fidelity Enhanced Mid Cap Core ETF	0.55
JVAL	JPMorgan U.S. Value Factor ETF	0.55
EUSA	iShares MSCI USA Equal Weighted ETF	0.55

Most inversely correlated with ZBRA

Symbol	Company	Correlation
SMDD	ProShares UltraPro Short MidCap400	-0.52
MZZ	ProShares UltraShort MidCap400	-0.52
MYY	ProShares Short MidCap400	-0.52
SDD	ProShares UltraShort SmallCap600	-0.51
SBB	ProShares Short SmallCap600	-0.50

Frequently asked questions about ZBRA correlations

Which stocks are most correlated with ZBRA?: Based on one year of daily returns, the stocks most correlated with Zebra Technologies Corporation (ZBRA) are SMOT (0.57), VFQY (0.55) and FMDE (0.55). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with ZBRA?: Over the past year, the stocks most inversely correlated with Zebra Technologies Corporation (ZBRA) are SMDD (-0.52), MZZ (-0.52) and MYY (-0.52). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?: Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these ZBRA correlations calculated?: We compute the correlation of daily returns between ZBRA and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.

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